‘The 30-year fixed-rate mortgage is a uniquely American construct,’ analyst says. Here’s why

While the housing market in the U.S. continues to face high price tags and borrowing costs, it’s unique compared to other countries. Here’s why.

from Real Estate https://www.cnbc.com/2024/05/07/why-the-30-year-fixed-rate-mortgage-is-a-uniquely-american-construct.html